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The story behind Monopoly and the woman erased from its history

CBS News · New
CBS News
CBS News
New

Michael George unpacks the hidden truth behind Monopoly's origin, revealing how Lizzie Magie created the game that inspired it. Journalist Mary Pilon and collector Tom Forsyth explain how Magie's anti-monopoly message was lost and how Charles Darrow took the credit.

Breakdown
  • Monopoly is widely believed to have been invented by Charles Darrow, but its roots trace back to The Landlord's Game. 45s
  • Lizzie McGee created The Landlord's Game in 1904 to teach about the dangers of monopolies and unfair taxation. 1m 38s
  • Charles Darrow learned of a modified version of McGee's game and sold it to Parker Brothers as Monopoly. 2m 12s
  • McGee was paid only $500 for her invention and received no royalties, while Darrow became wealthy. 2m 33s
  • The original message of the game—to warn against monopolies—was lost as Monopoly became a symbol of financial success. 3m 2s
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